Word Processing, Spreadsheet, and Personal Information Management Software Are Examples

question 96

True/False

Word processing, spreadsheet, and personal information management software are examples of vertical applications software.

---

Definitions:

Earned

A term referring to income or profits that have been generated as a result of business activities or investments.

Rate of Return

The profit or deficit incurred on an investment during a specific timeframe, represented as a proportion of the initial investment value.

Account

An account typically refers to a record or statement of financial transactions pertaining to a specific financial instrument, individual, or institution.